11720, Centereach, NY

The 11720 zip code of Centereach, NY has a median home value of $257,000 and a median home equity value of $236,000. This is higher than the statewide median home value of $175,600 and the national median home equity value of $181,200. The 11720 zip code also has a lower than average rate of homeownership at 63%.

There are several factors that may contribute to the high values in the 11720 zip code. First, Centereach is located in Suffolk County which has one of the highest concentrations of wealthy residents in New York State. Second, Centereach is an affluent suburb with many well-educated residents who are likely able to afford high-priced homes. Finally, Centereach has experienced strong growth over the past few years which may have led to increased demand for housing and increased prices.